RENAULT S A/ADR (OTCMKTS:RNLSY) Plans Annual Dividend of $0.62

RENAULT S A/ADR (OTCMKTS:RNLSY) declared an annual dividend on Wednesday, June 5th, Zacks reports. Investors of record on Monday, June 17th will be paid a dividend of 0.623 per share on Thursday, July 11th. This represents a dividend yield of 5.24%. The ex-dividend date is Friday, June 14th.

OTCMKTS:RNLSY traded down $0.16 during trading hours on Monday, reaching $12.34. 79,000 shares of the stock were exchanged, compared to its average volume of 75,726. RENAULT S A/ADR has a twelve month low of $11.03 and a twelve month high of $18.45. The company’s 50 day simple moving average is $12.07. The stock has a market capitalization of $18.23 billion, a PE ratio of 4.30, a PEG ratio of 0.88 and a beta of 1.24.

Several equities research analysts have recently commented on RNLSY shares. ValuEngine downgraded RENAULT S A/ADR from a “sell” rating to a “strong sell” rating in a report on Monday, April 1st. Evercore ISI upgraded RENAULT S A/ADR to an “outperform” rating in a research note on Tuesday, May 28th. Royal Bank of Canada began coverage on RENAULT S A/ADR in a research note on Monday, June 3rd. They issued a “top pick” rating on the stock. Finally, Zacks Investment Research cut RENAULT S A/ADR from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 11th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. RENAULT S A/ADR has a consensus rating of “Hold”.

About RENAULT S A/ADR

Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.

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